June 10, 2019

Opioid drugmaker Insys Therapeutics files for bankruptcy

Drugmaker Insys Therapeutics Inc filed for Chapter 11 bankruptcy protection on Monday, about a week after agreeing to pay $225 million to settle a U.S. probe […]
June 10, 2019

Stocks climb on trade, rate cut optimism; yuan falters

European shares followed Asian stocks higher on Monday after the United States shelved plans to impose tariffs on Mexico and as investors anticipated lower U.S. interest […]
June 10, 2019

Global stocks climb on trade, rate cut optimism; yuan falters

Asian shares, European and U.S. stock futures rose on Monday after the United States shelved plans to impose tariffs on Mexico and as global investors hoped […]
June 10, 2019

Thomas Cook in talks with China’s Fosun over tour operator sale

Thomas Cook has received a preliminary approach for its tour operations from its biggest shareholder, China’s Fosun Tourism, sending shares in the struggling British travel group […]
June 10, 2019

Oil rises on supply cuts, but weak economy holds market back

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should restrict supplies to current levels, while Washington’s withdrawal of a tariff […]
June 10, 2019

Renault, Nissan spar over governance reforms as tie-up strains worsen

Renault has signaled it will block alliance partner Nissan from adopting planned governance reforms unless the French automaker gets more say in the new system, a […]
June 10, 2019

Exclusive: FCA-Renault revival may hinge on Nissan stake cut – sources

Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker’s alliance […]
June 10, 2019

Roche’s $4.3 billion Spark bid delayed again amid U.S., UK scrutiny

Swiss drugmaker Roche’s $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics has been pushed back again, possibly beyond the first half, as regulators continue […]
June 10, 2019

Global stocks gain as Mexico tariffs averted, yuan falls to 2019 lows

U.S. stock futures and Asian shares rose on Monday after the United States dropped its threat to impose tariffs on Mexico in a deal to combat […]
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